price rise
The stark findings come ahead of this week’s Spring Statement where the Chancellor has been urged by Citizens Advice to announce further support for families struggling to pay their bills after the predicted £145 a month hike to energy costs
The rate change will add around £35 a year to the average annual power bill for nearly half a million households
It has launched an in-depth investigation into the deal
Bulb is the only supplier to reduce energy bills after a fall in wholesale gas costs
It follows an increase in tariffs by the Big Six suppliers and some smaller companies after Ofgem’s energy price cap rise
The total annual dual fuel bill will average at around £1,192 for under 10,000 customers
The news follows price rises confirmed by all the Big Six companies after Ofgem announced an increase in the energy price cap from April
It is the last Big Six energy company to announce the hike in bills following Ofgem’s price cap increase
It is the fifth energy supplier to announce a hike in tariffs after Ofgem’s energy price cap increase
Around four million customers will be affected from April